How Does Odoo Improve Financial and Administrative Performance?
Financial Performance:
- Reduces accounting errors via real-time linkage between financial and operational data.
- Speeds up monthly and yearly closing.
- Enhances cash flow through precise tracking of invoices, collections, and expenses.
- Enables forecasting based on historical data and expected demand.
Administrative Performance:
- Increases employee efficiency by automating routine tasks.
- Monitors workflow between departments.
- Organizes tasks, projects, and reports in a flexible and trackable way.
- Strengthens internal controls via permissions and approval rules.